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Chia Network

74 employees

Founded by Bram Cohen, the inventor of the BitTorrent network, Chia Network is building a better blockchain and smart transaction platform which is more decentralized, more efficient, and more secure. Chialisp is Chia’s new smart transaction programming language that is powerful, easy to audit, and secure. The blockchain is powered by the first new Nakamoto style consensus algorithm since Bitcoin launched in 2008. Proofs of Space and Time replace energy intensive “proofs of work” by utilizing unused disk space. Chia Network supports the development and deployment of the Chia blockchain globally. Chia Network supports chia developers and supports the enterprise use of chia with software support and chia lending.

Investor insights

Funding rounds participated in

$61M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Software Development

Sectors

Software Development

Date founded

2017

Funding rounds raised

Total raised

$61M

from 3 investors over 1 rounds

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Chia Network raised $61M on June 24, 2021

Investors: Andreessen Horowitz, Richmond Global Ventures and + 9 Other investors

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